Although a new goalkeeper, whom they’re rumoured to be on the verge of signing, is believed to be the Reds’ top target for next month, Brendan Rodgers is desperate to add more goals to his side, who have been a shadow of the swashbuckling set-up that netted 101 Premier League goals last term of late.
The sale of Luis Suarez and Daniel Sturridge’s niggling injury worries have contributed to the drop off, but the form of Mario Balotelli has been a major concern.
Serie A giants Inter Milan are rumoured to be keen on the Italian, and should he make a quick exit, a replacement will be needed.
Lacazette is believed to be seen as a better fit at Anfield, with the Frenchman known for his pace and willing running.
The 23-year-old was a summer target for Liverpool, and the Merseysiders have been further impressed by his 16 goals already this season.
Although a key man at the Stade Gerland, the Ligue 1 giants are ready to sell their marksman for around £15m.